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Rasha
Rasha, age 34, is a homemaker. She has recently given birth to a baby daughter. She would like to help her husband support the family, so she decided to start a clothing sales business, which she operates from her home. Her goal is to generate some income to help improve the family's living conditions.

At present, Rasha buys and sells used clothing, but she would like to expand her business by offering new clothing items as well.

Rasha is applying for a youth loan to add new clothes to her offerings. She hopes to increase her profits in this way.

Additional Information

More information about this loan

This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

About National Microfinance Bank

Jordan is a small country located in the heart of the Middle East’s Levant region. Regional instability has caused Jordan to be excluded from global investments for decades. Additionally, a lack of natural resources—including water and energy—places tremendous strain on the Jordanian economy, over 80% of which consists of small businesses, largely in the service industry. Despite their importance in the economy, many of these businesses are excluded from the banking sector because of their size. Microfinance institutions like National Microfinance Bank offer them an opportunity to enhance and expand their businesses. NMB also offers its services to other underprivileged peoples in Jordan, providing them with loans to pursue educational goals and improve their homes and livelihoods.

About Jordan

  • $3,740
    Average annual income
  • 18
    View loans »
    Jordan Loans Fundraising
  • $7,333,350
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Rasha to buy new clothing items to offer for sale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014